Vice-Chair of the International Accounting Standard Board Sue Lloyd and Board member Darrel Scott join Education Director Matt Tilling in this new podcast covering the May Board meeting and the new insurance contracts standard, IFRS 17.
In this podcast, Sue provides an overview of implementation and maintenance activities discussed at the May Board meeting – including the IFRIC Interpretation on IAS 12 Income Taxes and an upcoming amendment to IAS 28 Investments in Associates and Joint Ventures. She also talks about the ongoing Post-implementation Review of IFRS 13, the fair value measurement Standard.
Darrel provides an overview of IFRS 17, which was issued in May, before Sue summarises some of the other activity during the month – including the activities during the Trustees meeting in Tokyo, Japan, and a new agreement the IFRS Foundation has signed with the World Bank.
Listen to the podcast of the May 2017 Board meeting here.